Petrochemicals
IRPC 2015: Advancing the global HPI by sharing knowledge and best practices
May 31–June 3, 2015 Jumeirah at Etihad Towers, Abu Dhabi, UAEThe sixth annual IRPC features a four-day forum focused on the downstream industryDay 1—Full-day workshop presented by Takreer Re..
HP Editorial Comment: Change is redefining the petrochemical industry
The petrochemical industry is embracing more “change” that is largely due to the recent drop in crude oil prices.
HP Petrochemicals: M&A deals rise as investors push petrochemical leaders to restructure
Oil and petrochemical companies are seeking strategies to remain competitive as their cash flows continue to take direct hits due to depressed oil prices. This is resulting in significant restructurin..
HP Viewpoint: Methanol takes on LNG for future marine fuels
As the lifecycle economics of using MeOH compared with other emission compliance options become more evident, we will see the tide rising on the use of MeOH as a marine engine fuel.
HP News
Shell to become largest LNG player with €47-B BG Group acquisition Royal Dutch Shell’s agreement to purchase BG Group for approximately €47 B in cash and shares is the oil and gas ..
HP Industry Metrics
Global product markets and refinery margins, particularly in the US, have seen steady improvement since January. Worldwide gasoline demand has soared in recent months in both OECD and non-OECD regions..
HP People
Cornelius Weitzmann has been appointed managing director of the Power, Oil & Gas business division at Voith Turbo GmbH & Co. KG. He will be taking over from Matthias Grawe, who is leaving the company...
Safety and environmental updates for HPI storage tanks
   © leungchopan—Shutterstock.com Storage tanks are common in any hydrocarbon processing industry (HPI) facility or receiving/shipping terminal. Crude oil, refined produc..
Honeywell opens China propylene catalysts plant
This new site in Zhangjiagang City, Jiangsu Province, has begun production of catalysts used to covert propane to propylene as traditional sources for this product shrink.
OSHA to require new chemicals labeling system beginning this June
Starting June 1, OSHA will put in effect a new Globally Harmonized System of Classification and Labeling of Chemicals (GHS) standard. The new standard will improve communication of safety concerns and handling instructions.
- UPM unlocks new bio-based markets as Leuna biorefinery produces its first commercial product 12/19
- Stamicarbon awarded technology licensing contract for new urea plant in Eastern China 12/19
- Ford takes $19.5-B writedown on EV business 12/19
- Babcock & Wilcox awarded $40-MM contract for advanced wet gas scrubbing technology at Canadian petroleum refinery 12/19
- Aarti Industries secures methanol and toluene feedstock supply through multiple long-term contracts 12/19
- bp picks first outsider CEO Meg O'Neill after abrupt Auchincloss exit 12/19
